Abstract
There is huge evidence for a relationship between economic growth and environmental degradation. One of the causes of environmental degradation is CO2 emission which is added to the atmosphere through human activities and excessive industrialization. The aim of this research is to examine the relationship between CO2 emissions and measures of wealth in countries of Central and Eastern Europe between 2000 and 2019. The paper extends the research on economic affluence by taking into consideration two measures of economic growth, in addition to GDP, the HDI index is included. The basis for the investigation is the EKC concept. All analyses are based on econometric models with GDP and the HDI index as independent variables. The results are not conclusive and there is no one model which best describes the relationship between CO2 emissions and economic growth. Verification of the models indicates the better fit of models with the HDI index as the measure of affluence. Moreover, the study confirms that the key factors affecting CO2 emissions are energy consumption per capita which leads to an increase in CO2 emissions, and renewable energy consumption which reduces CO2 emissions. Therefore, technological changes and an increase in human awareness of global sustainability are required.
Subject
Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous)
Reference88 articles.
1. Climate Change 2014: Synthesis Report. Contribution of Working Groups I, II and III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change;Pachauri,2014
2. Growth Still Is Good for the Poor;Dollar,2013
3. The Final Countdown: Prospects for Ending Extreme Poverty by 2030;Chandy,2013
4. Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
5. Ending Extreme Poverty and Sharing Prosperity: Progress and Policies;Cruz,2015
Cited by
9 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献